Churchill Capital II
Churchill Capital II is a New York-based special purpose acquisition company (NYSE: CCX) led by Michael Klein, currently merging with Agility Robotics in a $2.5 billion deal expected to close by end of 2026.
- Company typePrivate
- Founded2012
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Churchill Capital II does
Churchill Capital II is a special purpose acquisition company (SPAC) listed on the NYSE under the symbol CCX, founded in 2012 and based in New York. The firm was created under the Churchill Capital Group umbrella led by founder, Chairman and CEO Michael Klein, and operates as a blank-check vehicle whose sole operational purpose is to raise public capital through an IPO, identify a private target, and consummate a merger that takes that target public. As a SPAC, Churchill Capital II has no traditional products, pricing model, or revenue-generating activity; its economic function is transactional rather than operational, with value realized upon a successful business combination.
The defining strategic action in the dataset is the announced merger with Agility Robotics, an Oregon-based maker of AI-powered humanoid warehouse robots. The transaction, announced on June 24, 2026, values Agility Robotics at $2.5 billion and is expected to deliver more than $600 million in gross proceeds to the target, including a private investment in public equity (PIPE) component led by Foxconn. If completed on schedule by the end of 2026, the combination would establish Agility Robotics as the first publicly traded pure-play humanoid robotics company. Churchill Capital II contributes SPAC infrastructure, public-market access, and an institutional capital network; Agility Robotics contributes the operating technology and commercial roadmap.
As of the available data, Churchill Capital II is operating with a small team (11–50 employees), consistent with a SPAC sponsor's lean organizational footprint. The entity has no disclosed customers, no technology stack of its own, no certifications or patents, and no geographic operating footprint beyond its New York headquarters. Its post-merger identity will be subsumed into Agility Robotics, making the SPAC itself a transitional structure rather than a standalone operating business.
Churchill Capital II firmographics
Firmographics- Name
- Churchill Capital II
- Website
- https://churchillcapitalcorp.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Churchill Capital II is a New York-based special purpose acquisition company (NYSE: CCX) led by Michael Klein, currently merging with Agility Robotics in a $2.5 billion deal expected to close by end of 2026.
- Ownership category
- akta.pro rank
Where Churchill Capital II is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Churchill Capital II business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Others
Churchill Capital II product offering
Product offeringCore offering
Churchill Capital Corp II is a special purpose acquisition company (SPAC) that raises capital through an IPO and uses the proceeds to acquire or merge with a private target company, providing that target with a path to becoming a publicly listed entity. The company is currently structured to merge with Agility Robotics, a transaction valued at $2.5 billion and expected to close by the end of 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- SPAC Merger with Agility Robotics
Companies that use Churchill Capital II
Customer profileIdeal customer profiles1 record
Churchill Capital II technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Churchill Capital II partnerships and signals
Strategic signalScale indicators2 records
Recent moves2 records
Expansion highlights4 records
Churchill Capital II competitors and assessment
Company assessmentBroad incumbents
- Foley-Winiarz SPACs: Active SPAC sponsor with multiple vehicles targeting technology and growth companies. Comparable as a similarly structured SPAC sponsor competing for the same target pipeline and PIPE capital.
- dMY Technology Group: Tech-focused serial SPAC sponsor (merged with IonQ, Planet Labs, and others). Comparable as a repeat SPAC sponsor pursuing technology and frontier-hardware targets with similar public-market dynamics.
- Ginkgo Bioworks Holdings: Went public via a SPAC merger with Soaring Eagle Acquisition Corp. Comparable as a deep-technology, pre-profitability company that used the SPAC route to access public capital, illustrating the post-listing trading trajectory investors face.
- Diamond Eagle Acquisition Corp (DraftKings / SBT): SPAC sponsor that took DraftKings public via merger. Comparable as a SPAC platform used to bring a venture-backed technology company into public markets at scale.
Others
- Silver Lake / Blackstone (private market reference): Large alternative-asset managers that increasingly participate as PIPE anchors in SPAC transactions. Comparable as competing capital sources that influence PIPE pricing, deal certainty, and post-merger governance for SPAC-led listings.
Direct peers
- Pershing Square Tontine Holdings: Bill Ackman's high-profile SPAC that explored and ultimately abandoned a structured transaction with Universal Music Group. Comparable as a marquee sponsor-led SPAC pursuing a large, complex public-market transaction.
- Spartan Energy Acquisition Corp (Fisker merger): SPAC that merged with Fisker. Comparable as a SPAC-to-public pathway for an emerging industrial / hardware technology company, with similar redemption and execution risks.
- Altimeter Growth Corp (Grab Holdings merger): Tech-focused SPAC that merged with Grab. Comparable as a SPAC platform used to take a high-growth, pre-profitable technology company public at multibillion-dollar scale.
- Churchill Capital Corp IV (CCIV): Another SPAC sponsored by Michael Klein's Churchill Capital Group that merged with Lucid Motors. Closest comparable given shared sponsor, identical SPAC mechanics, and a similar high-profile technology/EV target.
- Social Capital Hedosophia (now Virgin Galactic Holdings): Chamath Palihapitiya's SPAC platform that took Virgin Galactic public. Comparable as a high-profile SPAC sponsor that bridged a deep-technology, pre-commercial business into public markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Churchill Capital II financial estimates
Financial estimateRevenue estimate
Valuation estimate
Churchill Capital II leadership team
Management profileNumber of profiles
Profiles1 record
Churchill Capital II funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Churchill Capital II M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Churchill Capital II
What does Churchill Capital II do?
Churchill Capital Corp II is a special purpose acquisition company (SPAC) that raises capital through an IPO and uses the proceeds to acquire or merge with a private target company, providing that target with a path to becoming a publicly listed entity. The company is currently structured to merge with Agility Robotics, a transaction valued at $2.5 billion and expected to close by the end of 2026.
Is Churchill Capital II a public or private company?
Churchill Capital II is a private company. It is classified as public and is currently operating.
When was Churchill Capital II founded?
Churchill Capital II was founded in 2012. It employs 11 to 50 people.
Where is Churchill Capital II based?
Churchill Capital II is headquartered in New York, United States, in the North America region.
Who are Churchill Capital II's main competitors?
Broad incumbents on record are Foley-Winiarz SPACs, dMY Technology Group, Ginkgo Bioworks Holdings and Diamond Eagle Acquisition Corp (DraftKings / SBT). Silver Lake / Blackstone (private market reference) is listed as an others. Direct peers are Pershing Square Tontine Holdings, Spartan Energy Acquisition Corp (Fisker merger), Altimeter Growth Corp (Grab Holdings merger), Churchill Capital Corp IV (CCIV) and Social Capital Hedosophia (now Virgin Galactic Holdings).
Does Churchill Capital II have an API?
No public API is recorded for Churchill Capital II.